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VEE

VEEM ASX:VEE Stock Report

Last Price

AU$0.63

Market Cap

AU$85.5m

7D

8.6%

1Y

-28.8%

Updated

27 Jan, 2023

Data

Company Financials +

VEE Stock Overview

VEEM Ltd manufactures and sells propulsion and stabilization systems.

VEE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends0/6

My Notes

New

Notes are coming soon

VEEM Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VEEM
Historical stock prices
Current Share PriceAU$0.63
52 Week HighAU$0.93
52 Week LowAU$0.37
Beta1.01
1 Month Change14.55%
3 Month Change2.44%
1 Year Change-28.81%
3 Year Change28.57%
5 Year Change16.67%
Change since IPO3.28%

Recent News & Updates

Recent updates

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Jan 24
Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Dec 12
Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

Nov 16
Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Oct 17
VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Aug 16
Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

Jul 10
Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Jun 19
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

May 03
Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital

Mar 15
Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital

I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease

Sep 05
I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease

VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 06
VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

With EPS Growth And More, VEEM (ASX:VEE) Is Interesting

Jun 03
With EPS Growth And More, VEEM (ASX:VEE) Is Interesting

Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

May 13
Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?

Mar 09
Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?

Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?

Feb 22
Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?

What Does VEEM's (ASX:VEE) CEO Pay Reveal?

Feb 05
What Does VEEM's (ASX:VEE) CEO Pay Reveal?

Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?

Jan 21
Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?

VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Jan 06
VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide

Dec 22
We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide

Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture

Dec 08
Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture

The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More

Nov 25
The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More

Shareholder Returns

VEEAU MachineryAU Market
7D8.6%1.8%0.6%
1Y-28.8%-3.4%3.5%

Return vs Industry: VEE underperformed the Australian Machinery industry which returned -3.1% over the past year.

Return vs Market: VEE underperformed the Australian Market which returned 5.4% over the past year.

Price Volatility

Is VEE's price volatile compared to industry and market?
VEE volatility
VEE Average Weekly Movement8.1%
Machinery Industry Average Movement8.1%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market3.5%

Stable Share Price: VEE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: VEE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aMark Miocevichhttps://www.veem.com.au

VEEM Ltd manufactures and sells propulsion and stabilization systems. The company offers gyrostabilizers, CNC machined monobloc propellers shaft lines, and marine ride control fins; forever pipe, a bimetal centrifugally cast hollow bars; and engineering services. It also manufactures bespoke components for defense, mining, and processing industries.

VEEM Ltd Fundamentals Summary

How do VEEM's earnings and revenue compare to its market cap?
VEE fundamental statistics
Market CapAU$85.50m
Earnings (TTM)AU$1.27m
Revenue (TTM)AU$54.26m

67.5x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VEE income statement (TTM)
RevenueAU$54.26m
Cost of RevenueAU$23.84m
Gross ProfitAU$30.42m
Other ExpensesAU$29.15m
EarningsAU$1.27m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0093
Gross Margin56.06%
Net Profit Margin2.33%
Debt/Equity Ratio12.6%

How did VEE perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

30%

Payout Ratio